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The Latest Breaking News from China

Crude Prices Finish Higher on Dollar Weakness

April WTI crude oil (CLJ25 ) Friday closed up +0.68 (+1.02%), and April RBOB gasoline (RBJ25 ) closed up +0.0075 (+0.36%). Crude oil and gasoline prices posted moderate gains on Friday. Friday's slump in the dollar index (DXY00 ) to a 4-month low is bullish for energy prices. Also, comments...

Barchart

It's OK For EVs To Be 'Worse' Than Gas Cars

The primary reasons for China's EV market dominance are myriad and well-trod. China put serious government money behind EVs. It cut red tape, incentivized buyers, and provided cheap property. Homegrown companies with minimal or no experience building ICE vehicles saw the transition as an opportunity, not a chore, as many…

InsideEVs

Crude Prices Gain as President Trump Threatens Additional Sanctions on Russia

April WTI crude oil (CLJ25 ) today is up +1.04 (+1.57%), and April RBOB gasoline (RBJ25 ) is up +0.0135 (+0.64%). Crude oil and gasoline prices today are moderately higher. Today's slump in the dollar index (DXY00 ) to a 4-month low is bullish for energy prices. Also, today's comments...

Barchart

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Lenovo joins growing China exodus as manufacturers flee US tariffs — OEM moving production lines to India

Lenovo announced that it will move 100% of its laptop manufacturing capacity to India in the next three years.

Tom’s Hardware

Chinese lawmaker proposes law to allow Chinese companies to hide their foreign suppliers

Chinese lawmaker proposes a way to make detection of illegal supplies to China harder by allowing government backed companies to hide suppliers.

Tom’s Hardware

Trump Tariffs: What's Been Done And What Is To Come?

It was another roller-coaster week in US President Donald Trump's trade war as tariffs against China came into force while Mexico and Canada were given a temporary reprieve.

International Business Times

Sydney rookie Porter co-leads in just second LPGA event

Young Sydney prospect Cassie Porter is the joint halfway-leader at the LPGA's Blue Bay tournament in China after a second-round 68.

AAP

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First Thing: Russia launches wave of strikes across Ukraine

Strikes follow European leaders committing to a huge boost in defense spending. Plus, another of Elon Musk’s Starship rockets explodes within minutes of take-off

The Guardian - UK

Northern Ireland police chief appeals to students over serial rapist Zhenhao Zou

Zou found guilty of raping 10 women in the UK and China, but police fear he may have attacked more than 50 women

The Guardian - UK

Canada and Philippines will sign a key defense pact to boost combat drills and military ties

Canada and the Philippines, both vocal critics of China’s increasingly aggressive actions in the South China Sea, have concluded negotiations for a key defense pact that will allow their forces to hold large combat exercises and intensify defense cooperation

The Independent UK

Trump to sign order barring student loan forgiveness for public servants engaged in ‘improper activities’ – as it happened

Order would affect Public Service Loan Forgiveness program, while Musk reportedly squabbled with Trump cabinet secretaries over firings. This blog is now closed.

The Guardian - US

S&P Futures Gain With Focus on Key U.S. Jobs Report and Powell Speech

March S&P 500 E-Mini futures (ESH25) are trending up +0.35% this morning as investors look ahead to the all-important U.S. payrolls report and remarks from Federal Reserve Chair Jerome Powell.

Barchart

Trump: End of the American century

William McKinley seems obscure now — but the Trump team wants to bring back his Gilded Age imperialism

Salon

Toyota unveils an all-electric SUV in China that's priced to compete with Chinese automakers

The bZ3X, developed by GAC Toyota, was reportedly so popular it crashed the company's servers.

Fortune

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Fortune

China's top diplomat blasts Trump tariffs as 'meeting good with evil' and worries about a return to 'the law of the jungle'

"If you use only pressure, China will firmly counter."

The Independent UK

China's exports and imports weaken in Jan-Feb as demand slides amid global trade uncertainty

China has reported that its exports rose a less-than-expected 2.3% in January and February from a year earlier while imports fell more than 8% in a slow start to a year dogged by uncertainty over U.S. tariffs and other policies

The Guardian - UK

China’s foreign minister condemns US imposition of tariffs as ‘two-faced’

Wang Yi hits out at 20% levy on Chinese goods and warns ‘law of the jungle’ could emerge from Donald Trump’s policy

Al Jazeera

China FM vows to fight Trump tariffs, says US is ‘meeting good with evil’

Foreign Minister Wang says China has been helping US fight its fentanyl crisis, which Trump blamed for imposing tariffs.

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The Independent UK

China's foreign minister blasts the US over tariffs at his annual meeting with journalists

Along with fulminating against the United States, China’s Foreign Minister Wang Yi reasserted China’s South China Sea claims, blasted Japan for its past aggression and covered a wide range of other issues during his annual meeting with journalists

The Guardian - UK

US unemployment rate rises to 4.1% as economy added 151,000 new jobs in February – as it happened

US dollar hits four-month low after February’s US jobs report shows rise in jobless rate and hiring

Radio France Internationale

DRC mineral contract with China slammed by NGOs citing 'major losses'

A controversial mining deal between the DRC and China has come under the spotlight, as NGOs and civil society groups warn of financial losses and lack of transparency, one year after the 'contract of the century' was updated.

The Guardian - AU

Taiwan hails ‘historic’ TSMC deal with US, but will it lose the ‘silicon shield’ protecting it from China?

The producer of the world’s most advanced chip technology is investing on US soil but some fear that could reduce the leverage Taiwan holds to ensure its future security

International Business Times UK

US Moves Closer to Controlling Panama Canal as BlackRock-Led Deal Buys Chinese-Held Ports

The US moves closer to regaining influence over the Panama Canal as a BlackRock-led deal secures Chinese-held ports, sparking geopolitical tensions.

The Independent UK

US says multiple offers were made to resettle Uyghurs before Thailand deported them back to China

The State Department says the United States and other countries made repeated offers to Thailand to resettle more than three dozen Uyghur men before they were deported back to China, where rights groups fear they may face torture and other abuse

International Business Times

Trump Backs Off Mexico, Canada Tariffs After Market Blowback

Trump signed orders Thursday to hit pause on the fresh tariffs for Canadian and Mexican imports covered by a North American trade agreement, though he dismissed suggestions that his decisions were linked to market turmoil.

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